Serving The Youth of Idaho

Youth Endowment for Activities Foundation

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Change in Classification

When A School Changes Classifications, What Happens To Its Vested Status In The Youth Endowment Program

The following explanations are given to help clarify vestment status of schools who change classification status prior to becoming totally vested in the Youth Endowment Program.

Situation 1: A school becomes 100 percent vested and then changes classification.Answer: The school is still 100 percent vested even though it may change to a larger or smaller classification status.

Situation 2: A school changes classification before reaching 100 per cent vestment in the Youth Endowment Program. Answer: During the month of July, prior to movement from one classification to another, the percentage of vestment will be calculated for that school. They will be credited with that percent of vestment as they move to another classification. That school will now be responsible for the remaining percentage at the rate related to the new classification status.

Example A: An 3A school has grown to the point that they are reclassified as 4-5A. During the month of July (prior to the new school year) all contributions for that school will be evaluated on a percentage basis for an 3A school. If they had contributed a total of $24,000 at this time, this would equate to 64% vestment. This means that they now owe 36% vestment at the 4-5A level of contribution or 36% of $50,000. This calculates to a total of $18,000. The total contribution for 100 percent vestment for this school would become a combination of $24,000 plus $18,000 for a total contribution of $42,000.

Example B: An 2A school has a closure of a major business in the community, which causes the school population to change to 1A status. During the month of July (prior to the new school year) all contributions for that school will be evaluated on a percentage basis for an 2A school. If they had contributed a total of $10,000 at this time, this would equate to 40% vestment. This means that they now owe 60% vestment at the 1A level of contribution or 60% of $12,500. This calculates to a total of $7,500. The total contribution for 100 percent vestment for this school would be a combination of $10,000 plus $7,500 for a total contribution of $17,500.

Your school will receive a percentage of money available for that activity based upon the percentage of vestment in the Youth Endowment Fund. This means if your school is 60% vested, you will receive a 60% share. Those who have not contributed to the Youth Endowment fund, will not receive any money from this fund source.

Rules

2018 Interscholastic Stars

Abby Kofoed

IHSAA selects five Interscholastic Stars BOISE, Idaho
The Idaho High School Activities Association have named five high school juniors as the 2017-18 recipients of its annual Interscholastic Star Student Recognition Awards.
Katherine Doumit (Troy High School), Rachel Gebhardt (Salmon High School), Sydney Sterling (Parma High School), Abby Kofoed (Middleton High School), and Olivia Love (Eagle High School) were selected from a large field of outstanding students nominated by school principals.
Abby Kofoed was selected as the “Idaho Star” for 2017-18 and will grace the back covers of the 2018-19 state tournament programs. Nominees for the scholarships are exemplary students who: • Through their participation, strengthen interscholastic sports and activities programs. • Are active contributors to school and community organizations and programs. • Are good citizens and positive role models for their peers. • Promote the ideals of good sportsmanship and citizenship. Each application includes an essay, recommendations from school administrators, and descriptions of athletic and activity participation and service to school and community. Interscholastic Stars receive a $1,000 scholarship to the college of their choice. A $500 check is also given to each Interscholastic Star’s school. Runner’s up at each level receive a $500 scholarship. All five 2018 Interscholastic Stars are leaders in their schools and communities: • 1A Star – Katherine Doumit – A three-sport athlete at Troy High school, Katherine is also active in Student Government, FFA and Choir. • 2A Star – Rachel Gebhardt – Rachel is involed in Music and Student Government while participating in three sports at Salmon High School. • 3A Star – Sydney Sterling – A member of the Parma High School’s Cheer and Band programs, Sydney also participated in Golf and Volleyball. • 4A Star – Abby Kofoed – A three-year letterman and captain of the Middleton High School Soccer team, Abby has also been involved in multiple choral and theatrical productions. • 5A Star – Olivia Love – A top performer on the Eagle High School Speech and Debate teams, Olivia is also a member of NHS, Girls State and the Track & Field team.

About Us

The Youth Endowment for Activities is a 501 (c) (3) nonprofit foundation of the Idaho High School Activities Association. The foundation was incorporated in December 1986.

The Youth Endowment for Activities Foundation, Inc. (YEA) has a Board of Directors with no fewer than thirteen... MORE